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Hogs Fall Back on Friday

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Lean hog futures dropped 45 cents to $1.55 across most front-month contracts on April 24, 2026, though June contracts gained 85 cents for the week. The decline reflects weakening market sentiment. USDA reported the national base hog price at $90.42, while the CME Lean Hog Index rose 38 cents to $91.43. Cold storage data showed March pork inventories at 411.28 million pounds, up 0.44% yearly. Managed money reduced net-long positions in hog futures by 22,296 contracts, cutting holdings to 65,591 contracts as of April 21. This signals bearish sentiment among institutional traders. Pork carcass cutout values climbed $1.79 to $99.61 per cwt, though rib and ham primals declined. Weekly federally inspected slaughter reached 2.469 million head, down 17,000 from prior weeks. May, June, and July 2026 hog contracts closed lower, with May down $1.35 to $94.30 and July at $104.90. The trend suggests potential pressure on summer pork prices.
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Hogs Fall Back on Friday

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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Hogs Fall Back on Friday April 24, 2026 — 08:01 pm EDT Written by Austin Schroeder for Barchart-> Lean hog futures were down 45 cents to $1.55 in most front months on Friday, with June up 85 cents this week. USDA’s national base hog price was reported at $90.42 on Friday afternoon. The CME Lean Hog Index was up another 38 cents on April 22 at $91.43. Cold Storage data from Friday showed March 31 pork stocks at 411.28 million lbs, which was a 0.44% increase from a year ago and 2.09% above last year. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Commitment of Traders data showed managed money in lean hog futures and options slashing another 22,296 contracts from their net long as of April 21, taking it to 65,591 contracts.USDA’s pork carcass cutout value from the Friday PM report was back up $1.79 at $99.61 per cwt. The rib and ham primals were the only reported lower. USDA estimated this week’s federally inspected slaughter at 2.469 million head. That is down 17,000 head from the previous week but 53,057 head above the same week last year.May 26 Hogs closed at $94.300, down $1.350,Jun 26 Hogs closed at $101.900, down $1.550Jul 26 Hogs closed at $104.900, down $1.525, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More news from Barchart Lean Hogs Might Not Stand a Chance Against the Bears: When to Sell Worried About High Beef and Gasoline Prices?

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Hog Prices Are Collapsing. 1 Trade to Make Here. Where are Meats Heading as the 2026 Grilling Season Approaches? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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